Last week, the U.S. Federal Trade Commission issued a rule banning provisions in employment contracts that forbid employees to work for a competitor after they quit or are fired. Within hours, a Texas ...
Arisa Chattasa Photo via Unsplash. Goodbye, non-competes. The U.S. Federal Trade Commission today released its final rules addressing non-compete clauses by banning all future agreements. Non-competes ...
The Federal Trade Commission (FTC) issued a final rule in April that will invalidate existing non-compete agreements and non-compete clauses in agreements. There is a carve-out for an EXISTING ...
Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...
Non-compete clauses are a thing of the past thanks to a new ruling from the Federal Trade Commission (FTC). The FTC issued a rule to ban non-compete clauses for employees, according to a release from ...
When it comes to enforceability of a non-compete clause, the prospect of a raise for the employee can in some instances be an argument in favour of the employer. A court may annul, modify or suspend a ...
Non-compete clauses in employment agreements typically prevent former employees from working for a competitor of the former employer for a specific period of time in a designated geographical area.
Nearly two years ago, President Biden issued an executive order calling on the Federal Trade Commission (“FTC”) to ban or limit non-compete agreements, stating that workers should be free to take a ...
Does the Federal Trade Commission’s (FTC) ban on non-compete clauses apply to non-solicitation clauses? It depends. The FTC ban on non-compete clauses can apply to non-solicitation agreements. However ...
This article explains why Indian courts generally refuse to enforce post-employment non-compete clauses under Section 27 of the Indian Contract Act. It also highlights the limited circumstances in ...